How much will it cost to raise your children?

iStock_000013339740_ExtraSmallNew research has shown the cost of raising a child has risen over the past year. According to Quidoco.com, the cost of raising a child has increased to £2,774 per year, equivalent to a total of £51,000. However, as this figure only takes into account costs up to the age of 18 and does not include the cost of university or higher education, the real figure will be much higher for many parents. The research shows the biggest areas of expenditure are leisure ...